Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Today, Barclays (BARC) announced plans to cut 19,000 jobs over three years. The stock was sharply higher this morning as investors bought the latest dip. The news has been well received, the question, however, is why has the stock been lagging the market since February 2013?
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